How Much Is Standard Deduction For 2024 Taxes. Standard deductions for single, married and head of household. The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns.
Find out how that affects your tax bill. In 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly.